Fxprotrader
Long

GBPUSD Key Zone To Watch For Longs (Pending Bullish Gartley)

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
GBPUSD             is moving into a corrective structure having already completed waves A & B after an impulsive up wave. Price is dropping completing wave C and soon will reach a very strong level where we may have the completion of the ABC corrective pattern. A buy setup completion in this level will probaly signal the beginning of a new up move. I will update if anything bullish forms in that zone. For those who have no problem with a bigger stoploss at the 0.786 fib retracement we have the completion of a bullish gartley pattern

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Comment: Pending Bullish Gartley
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Comment: Price has reached the sell zone. We should now wait for a sell setup to complete based on a tested rules based strategy. I will personally wait for a wave pattern to complete at this level.
Comment: ** price has reached the BUY ZONE
Trade active: Although price has gone some distance from the time has entered the buy zone i had no setup completion till now that i do. So based on my strategy i will go with the setup below:
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Looks like we can jump in =D
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i think time to long now and what do u think ?
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Fxprotrader PRO KhunHunSein
If you have a buy setup completed based on your strategy, you may go long. Good luck :)
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KhunHunSein Fxprotrader
thank bro
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Fxprotrader PRO KhunHunSein
You are welcome :)
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good call, waiting for your update...
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Fxprotrader PRO justTRADEit
Thank mate :)
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We are really close ! nice call .. thanks !
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Wouldn't mind a more distinct rally to 1.32-1.3250 before the next leg down but I see that you are bearish GBP instead of bullish USD (since bullish NZDUSD) so why not short GBPNZD? :)
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Thanks I regret I'm still in there with a long position, current close to my SL , to which level you advise to move my SL in order to wait for the bullish good times to come?
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